1. Law No. 37/2024/QH15 amending and supplementing the Law on Asset Auction (“Law Amending the Law on Auction”) The Law Amending the Law on Auction was enacted by the National Assembly. It took effect on 01 January 2025, marking a significant advancement in the transparency and modernization of auction activities – a sector that has

1. Decree No. 108/2024/ND-CP regulating the management, use, and exploitation of non-residential public real estates assigned to local housing management and business organizations for management and exploitation (“Decree 108”) In practice, the management, use, and exploitation of non-residential public real estates (“NRPREs”) had already been regulated by several legal documents. However, the wasteful and inefficient

A. TELECOMMUNICATIONS 1. LAW ON TELECOMMUNICATIONS No. 24/2023/QH15 dated 24 November 2023 (“2023 Law on Telecommunications”) On 24 November 2023, the National Assembly passed the 2023 Law on Telecommunications, which expands the regulatory scope to include several new services such as data center services, cloud computing services, and basic telecommunications services on the internet. This

A. ELECTRONIC TRANSACTIONS 1. Law on Electronic Transactions No. 20/2023/QH15 passed by the National Assembly on 22 June 2023 (“LOET”) “Creating a favorable legal corridor for the digital transformation across all industries and sectors” Serving as a crucial legal framework in the country’s digital transformation, the LOET was enacted not only to remove obstacles from

A. BIDDING 1. Law on Bidding No. 22/2023/QH15 passed by the National Assembly on 23 June 2023 “Addressing bidding obstacles in the healthcare sector and simplifying the bidding process” On 23 June 2023, the National Assembly passed the Law on Bidding No. 22/2023/QH15 (“Law on Bidding”). Serving as a crucial legal framework for regulating public

A. REAL ESTATE 1. Law on Housing No. 27/2023/QH15 dated 27 November 2023 Law on Housing No. 27/2023/QH15 was adopted by the National Assembly on 27 November 2023, consisting of 13 Chapters and 198 Articles (“Law on Housing”), which introduces various progressive amendments to the country’s housing policy. In overview, the new Law on Housing

IMMIGRATION Law No. 23/2023/QH15 dated 24 June 2023 amending and supplementing several articles of Law on Entry and Exit of Vietnamese Citizens and Law on Entry, Exit, Transit and Residence of Foreigners in Vietnam (“Immigration Law 2023”). On 24 June 2023, the National Assembly passed Law No. 23/2023/QH15, which amends and supplements several articles of

I. Decree No. 10/2023/ND-CP Constituting the legal basis for issuing Certificate of condotels and officetels Decree 10/2023/ND-CP issued by the Government on 03 April 2023 aiming to amend and supplement several articles of the Decrees guiding the implementation of Land Law, took effect from 20 May 2023 (“Decree 10”). The remarkable point of Decree 10

I. RESOLUTION NO. 33/NQ-CP Removing difficulties in credit for real estate business and promoting the development of social housing Resolution No. 33/NQ-CP (“Resolution No. 33”) on certain solutions to resolve difficulties and promote the real estate market to develop safely, healthily, and sustainably was issued by the Government on 11 March 2023. Some outstanding and

1. DECREE NO. 59/2022/ND-CP Using a VNeID account instead of a Citizen Identity Card Decree No. 59/2022/ND-CP (“Decree 59”) dated 05 September 2022 of the Government on electronic identification and authentication, takes effect as of 20 October 2022. Pursuant to the provisions of Decree 59, Vietnamese citizens aged from 14 years old, foreigners entering Vietnam